The Hawaiian gazette., 1887-10-25
con- mER CIAL.
HoNoLrLr. ocr. .. is,


HONOLULU. 0eT. y. 1885,.
The arrivals from foreign ports during the week
were the Margaret Heald, from Liverpool; Bir-
nah, from Glasgow; Zealandia, from Australia;
Hope from Port Townsend; Canute, from Hum
boldt: Australia. y Castle and Consuelo from
The departures xere the Forest Queen and
Zealsndia for San Francisco, and the Nikar for
British Columbia.
The receipts of domestic produce al Honolulu,
the past week, were light consisting of $3.50 bags
sugar, 4S6 bags rice, 157 hides and small quanti-
ties Of sundry articles
The following is Williams. Dlmond & Cos
Commercial Letter. received ex Australia. Oct Is:
SAN Francisco, Oct II, 1887.
Our last circular was dated Sept Is. per Aus
iralia.
sUGAR-.Since the above date there have been
the following changes in the prices of the local
Refneries: On the 18th ult, the American refinery
advanced prices Of all grades Of theirmanuiacture
&c per 10; Goth ult the Gala refinery reduced
their prices &c per lb 2lsI another sc, and 5th,
again &c. These changes were followed by the
Am refinery on the 2sth by a reduction OF &c;
Since then there has been no further change and
the refneries quote prices to-day as follows;
Am refnery-Cube, CSC; dry gran, 6l4c; OK c.
5SC; golden c, o95.
On The date Of our last circular the value of
Cuba Centrifugsls In New York, 95' test. was
SIC: and sales were made Gt that figure. Since
then there have been three changes affecting
deliveries under contract 20 the Am refinery:
sept Goth 5ssc; goth. 7l6c, and oct 4th 5l5-S3c;
Centrifugals, other than Cuba, have since been
sold at y &c for 90 test.
The New York market continued strong and
advancing until the 18th ult, when reaction took
place, and both the price OF raws and refined de-
clined Foreign markets also showed an easier
tendency. and price Of beets declined from l2s Sd
on Sept 18th, TO lis. I'D on Sept 9th. During
this time, however the statistical position of the
world supplies have been improving, but have
not yet reached the point where they can control
other influences.
The quiet feeling noted above. has since
been followed by an improvement in the demand
for raws and slightly higher prices have followed.
Latest mail advices Of interest from New York
OF the LIST inst. state that the market has ruled
strong. but the moderate outlet for refined has
continued to restrict the operations of buyers.
This article has been slow OF sale even at lower
prices. and considering the strong feeling among
the holders of raw material, refners have found
little encouragement 10 stock up beyond their
current wants and have bought merely to prevent
any important decrease in their supplies in bond.
In consequence of the strong position of supplies
holders have remained firm, and are unwilling to
sell except az full prices MuscOyadoes have sold
on the basis of 1316c for 69o test and Centrifu-
gals OF . 7-l6 for 9d' test.
The uncertainty of the distributve demand for
refined is the only nentralizing feature in the
otherwise strong position of the market.
Very little has been done in cost and freight
cargOes and purchases could only be made AT full
prices, say 35s q 3l6c for 96' test Centrfugals.
Beet has been neglected-otfers to sell frsts a.
rs Cd cost, and freight have met with no atten-
zion.
For the week ending Sept 29th, stocks in the
[ ; decreased 5l2S tons, and in all countries
n .224 tons. TOTAL stock in all countries at above
date was 6lyS34 tons against Sl3.i2+ tons last
year. and against the previous weeks figures Of
643.G5S tons, and $50 9OS tons
London cables Of Oct Sd report stocks at four
ports, L X Oct LIST 5000 tons under the previous
week or 1881 tons against PAL $40 tons same
time last year. Receipts IS 500 tors; deliveries,
1850 tons. The French crop Is not expected 10
exceed $4,000 tons.
Latest teegraphic advices from New York, Of
to-day, quote the market for rawS steady; but
Slight decline in refined. A sale of Cuba Ccutrif-
ugals was made on the 10th at SIC for 800 test.
This advances the basis here for deliveries 10
American refinery Lice.
London cables quote price of beet S. test, l2s.
European and foreign markets steady. The above
quotation for beets is a decline of 1isd. London
quotations Ofthe 1st were lis 10lsd 4th 12S; and
9Th, rs lIsd.
RICE-Demand is light but holders firm We
quote price 42sc cash; 41zc 60 days.
FLOUR-G q ex fam. 40 per Dbl. f b; FL
Dorado $50 per bbl, b; crown. 400 per BIOL,
T o b.
BARLEY-No. feed, eOc per ctI f OBJ; ground
and rolled barley, 1900 per ton. o b.
OATS-Fair, l.45 a 80 per CT, o b; surprise,
40.
BRAN-17.5Oa to Is 90 per ton. fob.
HAY-COmp wheat 30 per ton + o b: comp
7tEs-I'4V q i.o7-F o r,-irn